$1,151,900 - 4955 Yonge Street Unit PH508, Willowdale
Condo for Sale in Willowdale
New — Listed 6 days ago- MLS Number
- C13222272
- Property Type
- Condo
- Status
- active
- Days on Site
- 6
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Willowdale / Newtonbrook
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- NORMAN HILL REALTY INC.
"Brand-New Unit! Buyers May Be Eligible For An HST Rebate". Luxury 2-Bedroom + Den Penthouse - Peyton Model At Pearl Place, Yonge & Sheppard. 1,046 Sq.Ft. Featuring 10-ft Ceilings, Floor-To-Ceiling Windows, And A Bright Open-Concept Layout. Rare Southwest Corner Penthouse Suite With Unobstructed Views And A Wraparound Balcony. Tons Of Upgrades Modern Kitchen With Quartz Countertops And Stainless-Steel Appliances. Conveniently Located Steps To Yonge-Sheppard Subway Station With Easy Access To Hwy 401 & 404, Shopping, Dining, Parks, And More. Premium Building Amenities Include Indoor Pool, Sauna, Gym, Party Room, Game Room, Theatre, Guest Suites, And 24-Hour Concierge. Price Includes Parking And Locker. Second Parking Space Available For Purchase.
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Estimated Payment
$5,095.24/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Willowdale / Newtonbrook
Willowdale / Newtonbrook is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Willowdale / Newtonbrook
- •Convenient location in Willowdale / Newtonbrook
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Willowdale / Newtonbrook offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
4955 Yonge Street Unit PH508, Willowdale / Newtonbrook
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1152/sqft, this property is priced above the Willowdale average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Just Listed - Act Strategically
This property hit the market within the last week. In Willowdale's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Willowdale. Good resale value as demand remains consistent.
Investment Perspective
Looking at this as an investment: Willowdale properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,800 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.